Honestly? Twitter should only make the like counter visible to yourself on your own tweets. That way you still have the satisfaction of big numbers, but people who get constantly worried about other people getting more likes than them can finally be at peace.

You shouldn't compete with others, you should compete with yourself. Hiding the like count on your tweets so only you can see it will be a good method on how to not get hurt mentally on this platform.

Don't change anything about the twitter algorithm at all, just hide the like counter. That way, "viral", tweets can still go viral.